TUPELO, Miss. (WTVA) - The Jackson West subdivision is costing buyers more than the Neighborhood Development Corporation (NDC) expected in 2016.
According to Duke Loden, a chairman with the NDC in an interview in 2016, the subdivision was expected to appeal to middle-class residents in the $110,000 and $150,000 price range.
Loden recently told WTVA the homes are now selling between $150,000 and $275,000.
The land around West Jackson Street was given to the NDC from the city of Tupelo to build a neighborhood for middle-class citizens in the original price range.
Loden said the builders are building the homes too big and too expensive to sell for less.
"It's higher than that, definitely, so you could say it was a false advertisement if you wanted to say it that way,” said Cydni Scott, the daughter of one of the homeowners in the community.
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